Banking Awareness: Abbreviations
Abbreviations
BOE – Bill of Exchange
CASA – Current and Savings Accounts
CBLO – Collateralized Bank Lending Obligations
CIBIL – Credit Information Bureau of India Limited
CRR – Cash Reserve Ratio
KYC – Know Your Customer Guidelines
IPO – Initial Public Offer
SMERA – SME Rating Agency of India Limited
NBFC – Non Banking Finance Companies
NEFT – National Electronic Fund Transfer
RTGS – Real Time Gross Settlement
NPA – Non Performing Assets
QIB – Qualified Institutional Buyers
SLR – Statutory Reserve Ratio
CAR – Capital Adequacy Ratio
SEBI – Securities and Exchange Board of India
MICR – Magnetic Ink Character Recognition
NSE – National Stock Exchange
FCNR – Foreign Currency Non Resident Deposit Accounts
CDRS – Corporate Debt Restructuring
IDRBT – Institute for Development and Research Of Banking Technology
YTM – Yield To Maturity
MCA – Ministry Of Company Affairs
MIS – Management Information System
CRISIL – Credit Rating Information Services Of India
ICRA – Investment Information and Credit Rating Agency of India Limited
CARE – Credit Analysis and Research Limited
IRDA – Insurance Regulatory and Development Authority of India
LIC – Life Insurance Corporation of India
IEPF – Investors Education and Protection Fund
IRDA – Insurance Regulatory and Development Authority
CCIL – Clearing Corporation of India Limited
OTCEI – Over the Counter Exchange Of India
ISCI – International Standard Industrial Classification
KCC – Kisan Credit Card
BCSBI – Banking Codes and Standards Board of India
SEBI – Securities and Exchange Board of India
SFMS – Structured Financial Messaging Services
SHG – Self Help Group
FEDAI – Foreign Exchange Dealers Association of India
ALCO – Asset Liability Committee
ALM – Asset Liability Management
KVIC – Khadi and Village Industries Corporation
KYC – Know Your Customer
EXIM bank – Export and Import Bank of India
NABARD – National Bank for Agriculture and Rural Development
SIDBI – Small Industries Development Bank of India
EDP – Entrepreneurship Development Programme
LAMPS – Large Sized Adivasi Multipurpose Societies
LERMS – Liberalized Exchange Rate Management System
NABARD – National Bank for Agriculture and Rural Development
NBFC – Non Banking Finance Companies
QIB – Qualified Institutional Bankers
RBI – Reserve Bank of India
RDBMS – Relational Database Management System
REC – Rural Electrification Corporation
RFC – Resident Foreign Currency
RIDF – Rural Infrastructure Development Fund
RRB – Regional Rural Bank
RTGS – Real Time Gross Settlement
RWA – Risk Weighted Assets
SBI – State Bank of India
SCB – Scheduled Commercial Bank
NRE – Non Resident External Account
NRI – Non Resident Indian
SDR – Special Drawing Rights
SIDBI – Small Industries Development Bank of India
SIDC – State Industrial Development Corporation
SJSRY – Swarna Jayanthi Shahari Rozgar Yojana
SSI – Small Scale Industries
SME – Small and Medium Industries
SSSBE – Small Scale Service and Business Enterprises
UTI – Unit Trust of India
WPI – Wholesale Price Index
EDI – Electronic Data Interchange
SLR – Statutory Liquidity Ratio
SLRS – Scheme for Liberation and Rehabilitation of Scavengers
EMI – Equated Monthly Instalments
EPS – Earning per Share
ESOP – Employee Stock Options
YTM -Yield to Maturity
LAB – Local Area Banks
ALM – Asset Liability Management
ANBC – Adjusted Net Bank Credit
ASBA – Applications Supported Bank Accounts
DPG – Deferred Payment Guarantee
DRI – Differential Rate Of Interest
DSCR – Debt Service Coverage Ratio
FEDAI – Foreign Exchange Dealers Association Of India
FOB – Free On Board
NPV – Net Present Value
DPN – Demand Promissory Note
DRAT – Debt Recovery Appellate Tribunal
OCB – Overseas Corporate Bodies
POA – Power of Attorney OLTAS- Online Tax Accounting System
OMO – Open Market Operations
PACS – Primary Agricultural Credit Societies
PDO – Public Debt Office
PIN – Personal Identification Number
